ABU DHABI/WAM Heritage festivals organised by the United Arab Emirates have evolved into a unique …
Read More »Strong dollar latest headache for pricey software stocks
Bloomberg Even better-than-expected earnings haven’t been enough to stem this year’s rout in software stocks, and now the sector is getting hit with another headwind: the stronger dollar. Salesforce Inc, one of the last big tech companies to report first-quarter earnings, surprised investors with a bullish forecast this week. Overall, 85% of software companies in the S&P 500 reported …
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